Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2016 (1) TMI 9

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... herein for consumption in manufacturing of goods which are to be exported. We find that the show cause notice is issued to individual on the ground that he is the mastermind and key person who managed the activity of improper imports and diversion to local market under the name of M/s. Omi Textiles. We find that there is no dispute as to the fact that separate proceedings have been initiated again .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o. C/85487, 85486/14 - - - Dated:- 29-6-2015 - Mr. M.V. Ravindran, Member (Judicial) And Mr. P.S. Pruthi, Member (Technical) For the Petitioner : Shri J.C. Patel, Advocate For the Respondent : Shri A.K. Singh, Addl. Commissioner (AR) ORDER Per: M.V. Ravindran These stay petitions are filed for waiver of pre-deposit of amount of Customs duty, interest thereof and penalties .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e the claim of the revenue is M/s. Omi Textiles had consumed the imported input for manufacturing of final products. It is his submission that there are demands of duty on imports as well as the finished goods were reportedly manufactured by consuming the inputs. It is also his submission that the demand of duty from the appellant is incorrect as he is not the importer of the goods. He would rely .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mastermind and key person who managed the activity of improper imports and diversion to local market under the name of M/s. Omi Textiles. We find that there is no dispute as to the fact that separate proceedings have been initiated against M/s. Omi Textiles for demand of the appropriate Central Excise duty on the finished goods which were diverted to local market instead of exporting the same. It .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates